U.K. banks have been ordered by the Financial Services Authority to conduct so-called “reverse stress tests” to consider the impact of doomsday scenarios that are not related to crises in the financial system. The tests require the banks to identify the impact of disasters such as flu pandemics or disruptions in the food-supply chain and come up with ways to adjust their business to withstand the shock from such events. Bankers say it is an example of regulatory overkill and are concerned they could end up having to hold more capital.

Click here to read the story from The Wall Street Journal.